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GS Caltex shut its new cracker in Yeosu for scheduled turnaround

September 02/2021

MOSCOW (MRC) -- South Korea's GS Caltex has shut its new mixed-feed cracker at Yeosu for maintenance on 27 August, 2021, reported S&P Global with reference to a company source.

This cracker is expected to resume operations on 7 September, 2021, after the turnaround is complete.

The new steam cracker, which was started around June 18, can produce 750,000 mt/year of ethylene and 410,000 mt/year of propylene.

As MRC informed before, this June, the company also started up its new high density polyethylene (HDPE) in Yeosu with an annual capacity of 500,000 tons/year that would concentrate on producing the film (TR-144, TRB-115), blow molding (5520BN or BM593), and injection (6060 or 6060UV) grades.

The company also operates 180,000 tons/year polypropylene (PP) plant at the same complex.

The project is a 50-50 joint venture between GS Energy Corp. and Chevron Corp., costing 2 trillion won (USD1.84 billion) that started construction work in 2019.

Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,176,860 tonnes in the first half of 2021, up by 5% year on year. Shipments of exclusively low density polyethylene (LDPE) decreased. At the same time, PP shipments to the Russian market were 727,160 tonnes in the first six months of 2021, up by 31% year on year. Supply of homopolymer PP and block-copolymers of propylene (PP block copolymers) increased. Supply of statistical copolymers of propylene (PP random copolymers) subsided.
Author:Margaret Volkova
Tags:PP, PE, propylene, HDPE, ethylene, blow moulding, GS Caltex, South Korea.
Category:General News
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